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Product Cost Analyst Jobs (NOW HIRING)

Robert Half

Production Cost Analyst

Lakewood, NJ · On-site

$59.38 - $68.75/hr

... product costing. • Partner with operations and finance stakeholders to gather production ... clear cost analysis findings, summaries, and recommendations for leadership. • Incorporate ...

New

Sabre Systems LLC

Cost Analyst

Wrightstown, NJ · On-site

Apply appropriate production/learning curve theories and economic/technical metrics * Execute risk/uncertainty analysis on cost models * Proposal Evaluation * Review and analyze contract proposals ...

Sabre Systems LLC

Cost Analyst

Wrightstown, NJ · On-site

Apply appropriate production/learning curve theories and economic/technical metrics * Execute risk/uncertainty analysis on cost models * Proposal Evaluation * Review and analyze contract proposals ...

Sabre Systems LLC

Cost Analyst

Wrightstown, NJ · On-site

Apply appropriate production/learning curve theories and economic/technical metrics * Execute risk/uncertainty analysis on cost models * Proposal Evaluation * Review and analyze contract proposals ...

Sabre Systems LLC

Cost Analyst

Wrightstown, NJ · On-site

Apply appropriate production/learning curve theories and economic/technical metrics * Execute risk/uncertainty analysis on cost models * Proposal Evaluation * Review and analyze contract proposals ...

Sabre Systems LLC

Cost Analyst

Wrightstown, NJ · On-site

Apply appropriate production/learning curve theories and economic/technical metrics * Execute risk/uncertainty analysis on cost models * Proposal Evaluation * Review and analyze contract proposals ...

Stellant Systems

Senior Cost Analyst

Williamsport, PA · On-site

$75K - $96K/yr

This role will be responsible for analyzing production and development costs and operational data, maintaining historical records of product cost actuals and project financial margins, and supporting ...

New

Stellant Systems

Senior Cost Analyst

Williamsport, PA · On-site

$75K - $96K/yr

This role will be responsible for analyzing production and development costs and operational data, maintaining historical records of product cost actuals and project financial margins, and supporting ...

New

Stellant Systems

Senior Cost Analyst

Williamsport, PA

$75K - $96K/yr

This role will be responsible for analyzing production and development costs and operational data, maintaining historical records of product cost actuals and project financial margins, and supporting ...

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All JobsProduct Cost Analyst Jobs

Product Cost Analyst information

See salary details

$37K

$86.3K

$127.5K

How much do product cost analyst jobs pay per year?

As of Jul 14, 2026, the average yearly pay for product cost analyst in the United States is $86,312.00, according to ZipRecruiter salary data. Most workers in this role earn between $69,500.00 and $100,500.00 per year, depending on experience, location, and employer.

What is the difference between Product Cost Analyst vs Cost Accountant?

AspectProduct Cost AnalystCost Accountant
Primary FocusAnalyzing product costs, budgeting, and cost reduction strategiesRecording, analyzing, and reporting all cost-related financial data
Work EnvironmentManufacturing, production, or supply chain settingsAccounting departments within various industries
Required CredentialsBachelor's in finance, accounting, or related field; familiarity with cost analysis toolsBachelor's in accounting or finance; CPA often preferred

While both roles involve cost analysis, the Product Cost Analyst primarily focuses on analyzing and managing costs related to products during manufacturing, whereas the Cost Accountant handles broader financial reporting and cost tracking across the organization. Both roles require similar educational backgrounds and are essential in cost management within manufacturing and accounting environments.

What does a Product Cost Analyst do?

A Product Cost Analyst is responsible for evaluating and analyzing the costs associated with producing a product. They gather and examine data related to materials, labor, overhead, and other expenses to determine the true cost of manufacturing goods. Their analyses help companies set product prices, identify cost-saving opportunities, and improve profitability. Product Cost Analysts also collaborate with other departments, such as finance, engineering, and production, to ensure accurate cost tracking and reporting.

What are the key skills and qualifications needed to thrive as a Product Cost Analyst, and why are they important?

To thrive as a Product Cost Analyst, you need strong analytical skills, a solid background in finance or accounting, and a bachelor's degree in a related field. Familiarity with ERP systems, advanced Excel functions, and cost accounting software is typically required. Attention to detail, effective communication, and problem-solving abilities are critical soft skills for success in this role. These competencies are essential for accurately evaluating product costs, supporting business decisions, and optimizing profitability.

What are the typical challenges faced by a Product Cost Analyst when collaborating with cross-functional teams?

Product Cost Analysts often work closely with engineering, procurement, and finance teams to gather accurate data and ensure cost targets are met. One common challenge is aligning differing priorities—while engineers may focus on product performance, procurement emphasizes supplier costs, and finance looks at overall budget impact. Effective communication and negotiation skills are essential to balance these perspectives and provide actionable cost insights. Additionally, staying up-to-date with market trends and supplier changes can require proactive engagement and adaptability.
More about Product Cost Analyst jobs
What states have the most Product Cost Analyst jobs? States with the most job openings for Product Cost Analyst jobs include:
What job categories do people searching Product Cost Analyst jobs look for? The top searched job categories for Product Cost Analyst jobs are:
Product Cost Analyst jobs near you
Infographic showing various Product Cost Analyst job openings in the United States as of July 2026, with employment types broken down into 87% Full Time, and 13% Contract. Highlights an 75% In-person, and 25% Hybrid job distribution, with an average salary of $86,312 per year, or $41.5 per hour.
Associate Product Cost Analyst

Associate Product Cost Analyst

1-800-Flowers

Oak Brook, IL • On-site

$28 - $30/hr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 18 days ago

1-800-Flowers rating

7.4

Company rating: 7.4 out of 10

Based on 8 frontline employees who took The Breakroom Quiz

Job description

The Associate Product Cost Analyst is responsible for managing product costs, determining gift pricing, and supporting target margin objectives across the business. This role partners closely with Product Development, Product Design, Sourcing, and cross-functional teams to ensure accurate cost analysis, maintain product cost integrity, and identify opportunities for cost savings and process improvements. The ideal candidate is highly analytical, detail-oriented, resourceful, and comfortable working independently in a fast-paced environment.
Key Responsibilities
  • Manage raw material and component costs to support accurate gift pricing and target margin achievement.
  • Establish and communicate target cost goals to Product Designers throughout the product development lifecycle.
  • Maintain cost integrity within Centric PLM by accurately capturing component costs, labor, freight, accruals, and other cost elements.
  • Monitor cost trends and identify components with significant cost increases, partnering with appropriate teams to investigate and resolve variances.
  • Analyze sales volumes by customer, category, and retail price point to ensure gift records are established using appropriate quantity assumptions.
  • Collaborate with the Costing Line Review team to ensure all product costs are entered accurately and within required timelines.
  • Partner with Product Development to recommend and implement product modifications that reduce costs and improve efficiencies.
  • Identify and investigate discrepancies between PLM and Baan Bills of Material (BOMs) for Direct-to-Consumer (DTC) products and route issues to the appropriate stakeholders.
  • Track and maintain Purchase Order (PO) status reports for the DTC business.
  • Support Product Development activities by:
    • Creating and maintaining gift records.
    • Building and updating Bills of Material (BOMs).
    • Creating new components.
    • Routing component workflows through the appropriate approval processes.
  • Assist with ad hoc cost analyses, reporting, and cross-functional projects as needed.

  • Bachelor's degree required, preferably in Finance, Accounting, Business, Supply Chain, Operations, or a related field.
  • Strong analytical and problem-solving skills with exceptional attention to detail.
  • Ability to work independently, prioritize multiple tasks, and proactively resolve issues.
  • Resourceful and self-motivated with a continuous improvement mindset.
  • Proficiency in Microsoft Office Suite, particularly Excel.
  • Strong communication and collaboration skills with the ability to work effectively across multiple departments.
  • Experience with ERP, PLM, or product costing systems (such as Centric or Baan) is a plus.

The expected hourly pay range for this position is $28.00 to $30.00 per hour. Actual compensation will be determined based on experience, skills, internal equity, and other factors permitted by law.
To support our commitment to being an employer of choice, we offer comprehensive and competitive health, wellness, and additional benefits to eligible full-time team members. Benefit eligibility may vary based on location, average hours worked, and length of service.
Benefits may include*:
  • Medical, dental, vision, life, and disability insurance for the associate and eligible dependents
  • Flexible Spending Account (FSA)
  • Health Savings Account (HSA)
  • 401(k) retirement savings program
  • Mental health resources and Employee Assistance Program (EAP)
  • Paid vacation time (accrued based on hours worked and tenure)
  • Paid company holidays
  • Employee discount across our family of brands
  • Potential eligibility for annual merit-based compensation increases, where applicable

*Exact benefit terms, conditions, and eligibility requirements are governed by official plan documents and applicable law. The Company reserves the right to modify, amend, or terminate benefit plans and programs at any time.

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